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Voya Global Equity Dividend and Premium Opportunity Fund (Voya Global Equity Dividend and Premium Opportunity Fund) Pretax Margin % : 98.36% (As of Feb. 2024)


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What is Voya Global Equity Dividend and Premium Opportunity Fund Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Voya Global Equity Dividend and Premium Opportunity Fund's Pre-Tax Income for the six months ended in Feb. 2024 was $22.78 Mil. Voya Global Equity Dividend and Premium Opportunity Fund's Revenue for the six months ended in Feb. 2024 was $23.16 Mil. Therefore, Voya Global Equity Dividend and Premium Opportunity Fund's pretax margin for the quarter that ended in Feb. 2024 was 98.36%.

The historical rank and industry rank for Voya Global Equity Dividend and Premium Opportunity Fund's Pretax Margin % or its related term are showing as below:

IGD' s Pretax Margin % Range Over the Past 10 Years
Min: 94.32   Med: 98.94   Max: 105.23
Current: 97.97


IGD's Pretax Margin % is ranked better than
68.66% of 1669 companies
in the Asset Management industry
Industry Median: 90.07 vs IGD: 97.97

Voya Global Equity Dividend and Premium Opportunity Fund Pretax Margin % Historical Data

The historical data trend for Voya Global Equity Dividend and Premium Opportunity Fund's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Voya Global Equity Dividend and Premium Opportunity Fund Pretax Margin % Chart

Voya Global Equity Dividend and Premium Opportunity Fund Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Pretax Margin %
Get a 7-Day Free Trial 105.23 96.84 98.94 94.32 97.97

Voya Global Equity Dividend and Premium Opportunity Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 106.55 103.03 98.69 96.82 98.36

Competitive Comparison of Voya Global Equity Dividend and Premium Opportunity Fund's Pretax Margin %

For the Asset Management subindustry, Voya Global Equity Dividend and Premium Opportunity Fund's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Voya Global Equity Dividend and Premium Opportunity Fund's Pretax Margin % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Voya Global Equity Dividend and Premium Opportunity Fund's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Voya Global Equity Dividend and Premium Opportunity Fund's Pretax Margin % falls into.



Voya Global Equity Dividend and Premium Opportunity Fund Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Voya Global Equity Dividend and Premium Opportunity Fund's Pretax Margin for the fiscal year that ended in Feb. 2024 is calculated as

Pretax Margin=Pre-Tax Income (A: Feb. 2024 )/Revenue (A: Feb. 2024 )
=30.478/31.11
=97.97 %

Voya Global Equity Dividend and Premium Opportunity Fund's Pretax Margin for the quarter that ended in Feb. 2024 is calculated as

Pretax Margin=Pre-Tax Income (Q: Feb. 2024 )/Revenue (Q: Feb. 2024 )
=22.782/23.161
=98.36 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Voya Global Equity Dividend and Premium Opportunity Fund  (NYSE:IGD) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


Voya Global Equity Dividend and Premium Opportunity Fund Pretax Margin % Related Terms

Thank you for viewing the detailed overview of Voya Global Equity Dividend and Premium Opportunity Fund's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Voya Global Equity Dividend and Premium Opportunity Fund (Voya Global Equity Dividend and Premium Opportunity Fund) Business Description

Traded in Other Exchanges
N/A
Address
7337 East Doubletree Ranch Road, Suite 100, Scottsdale, AZ, USA, 85258
Voya Global Equity Dividend and Premium Opportunity Fund are a United States-based diversified, closed-end Fund. The primary objective of the Fund is to seek to provide investors with a high level of income from a portfolio of global common stocks with historically attractive dividend yields and premiums from call option writing. Its secondary investment objective is capital appreciation. Under normal market conditions, the Fund will invest at least 80% of its managed assets in a portfolio of common stocks of dividend-paying companies located throughout the world.
Executives
Vincent J Costa other: Managing Director 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Steven Wetter officer: SVP, PM 230 PARK AVENUE, 14 FL, NEW YORK NY 10169
Margaret Diorio officer: SVP, PM 230 PARK AVENUE, NEW YORK NY 10169
Paul Zemsky other: SMD, CIO 230 PARK AVENUE, NEW YORK NY 10169
Mark Weber officer: Senior Managing Director 230 PARK AVENUE, NEW YORK NY 10169
Dina Santoro officer: Managing Director VOYA INVESTMENT MANAGEMENT, 230 PARK AVENUE, NEW YORK NY 10169
Lydia Homer officer: Chief Financial Officer, Funds 7337 E DOUBLETREE RANCH ROAD, SCOTTSDALE AZ 85258
Christopher P Sullivan director 27 LEE TERRACE, SHORT HILLS NJ 07078
Michael Allyn Bell officer: MD & Chief Financial Officer 230 PARK AVENUE, NEW YORK NY 10169
Russell H Jones director
Joseph E Obermeyer director 9909 NE 4TH AVENUE ROAD, MIAMI SHORES FL 33138
Martin J Gavin director 282 WASHINGTON STREET, HARTFORD CT 06106
Deprince Albert E Jr director 3029 ST. JOHNS DRIVE, MURFREESBORO TN 37129
Satish Sadashiv Bapat officer: to subadvisor SCHENKKADE 65, THE HAGUE P7 2595 AS
Dirk Albert Buggenhout officer: to subadvisor SCHENKKADE 65, THE HAGUE P7 2595 AS

Voya Global Equity Dividend and Premium Opportunity Fund (Voya Global Equity Dividend and Premium Opportunity Fund) Headlines